Infrastructure investment has a long-term impact on the economy, supporting travel, communication, logistics and service provision. The South African public-sector recorded a second consecutive year of capital expenditure growth, boosted mainly by increased spending by public corporations. Capital expenditure includes money that is spent on machinery, construction, equipment, buildings, land and other fixed assets. In   read more »

Each province has its own unique economic profile. The latest set of regional gross domestic product (GDP) figures paint a picture of what drives economic activity in each province. The data also shows what each province brings to the economic table of the country. Which industries drive your provincial economy? Gauteng is the nation’s economic   read more »

Stats SA published several quarterly and annual reports in September, along with the usual set of monthly indicators. South African economy expands in the second quarter The month began with the release of the latest gross domestic product (GDP) figures, covering the second quarter of the year. The economy saw some growth, mainly lifted by   read more »

Empty stomachs, empty classrooms: Investment in school feeding schemes The South African government spent R8,4 billion in 2022/23 on its nationwide school feeding scheme. Recent data provides a provincial breakdown, as well as how this spending has shifted over the years. South Africa’s school-nutrition programme In 1994, the South African government established the National School Nutrition   read more »

According to the Quarterly Employment Statistics (QES, Q2:2024) survey released by Statistics South Africa (Stats SA), total employment in the formal non-agricultural sector increased by 42 000 in the second quarter of 2024, bringing the level of employment to 10,7 million. According to the survey 144 000 jobs were lost between June 2023 and June 2024.   read more »

The South African economy strengthened by 0,4%1 in the second quarter (April–June) of 2024. The finance, manufacturing, trade, and electricity, gas & water supply industries drove most of the economy’s momentum on the production (supply) side. On the expenditure (demand) side, household consumption, government consumption and a build-up in inventories contributed favourably to growth. Seven   read more »

The latest set of economic indicators paint a preliminary picture of economic performance in the second quarter (April–June). The quarter in a nutshell Several sectors enjoyed positive gains in the second quarter of 2024 compared with the first quarter of 2024. These include manufacturing, electricity generation, construction (buildings reported as completed to larger municipalities), wholesale   read more »

A picture can tell an intricate story. The graphic below speaks for 257 public institutions. Figure 1 shows the distribution of revenue across South Africa’s extra-budgetary accounts and funds (EBAs). In the 2022/23 financial year, EBAs received or generated R390,2 billion in revenue, according to the latest data. EBAs play a significant role in the financial management   read more »

“Wathint’ Abafazi, Wathint’ Imbokodo” (“You strike a woman, you strike a rock”) has become a powerful symbol of women’s strength and resistance. During Women’s Month, we celebrate the achievements of women in South Africa and the critical role they play in our society. Regrettably, women in SA continue to shoulder a disproportionate burden of unemployment,   read more »

Stats SA has published monthly residential property price indices for provinces and metropolitan areas since March 2023. Here is a rundown of the latest inflation data for the housing market. The Residential Property Price Index (RPPI) measures the change in prices for all dwellings, including houses, townhouses, and flats that are purchased by private individuals.1 The   read more »